Boston City Campus

Diploma in Financial Accounting

Diploma in Financial Accounting

Dip. (Financial Accounting)

SAQA ID 93597

This programme is offered by Boston City Campus & Business College Head Office in the distance education mode, with all other Boston City Campus & Business Colleges operating as Support Centres. Apply to register at any Boston City Campus & Business College branch countrywide.

Download the Fact Sheet for additional, detailed programme information.


Semester A

  • Computer Literacy
  • Academic Literacy
  • Accounting Principles
  • Commercial Law 1
  • Business Mathematics

Semester B

  • Computer Literacy Advanced
  • Financial Accounting 1
  • Business Management 1
  • Introduction to Socioeconomics

Semester A

  • Financial Reporting and Regulatory Frameworks
  • Public Accounting Administration
  • Commercial Law 2
  • Computerised Accounting

Semester B

  • Cost and Management Accounting
  • Financial Management Introduction
  • Taxation 1: Theory
  • Stock Control and Inventory Management

Semester A

  • Financial Management Techniques
  • Internal and IT Auditing
  • Taxation 2: Theory
  • Applied Research Methods

Semester B

  • Management Accounting Control Systems (HMAC300-1)
  • Business Leadership & Ethics for Accountants (HBLE300-1)
  • Taxation Practice (HTAX300-1)
  • Work Integrated Learning (HWDFA300-1)

Various Assessment Strategies (ASC, ASW, AS1 to AS5) are used throughout the modules in
the programme. For example, AS3 is predominately applied in this programme and consists of a 

Formative Assessment (FA1), also known as an assignment or test, which count forty percent (40%) towards the overall mark.

Summative Assessments in the form of a final exam or capstone project (SA1), count fifty percent (50%), and a research or reflective essay (SA2) count ten percent (10%) towards the overall mark.

No supplementary assessment is provided for FA1. A maximum of one (1) additional supplementary assessment opportunity is provided for SA1 and SA2 respectively, which will be charged for. Please consult the Fact Sheet and Student Rulebook for additional, detailed programme information.


Based on the credits and notional hours of this qualification, the minimum duration is six (6) semesters over a period of three (3) years, and the maximum duration is nine (9) years. 

On completion of the programme graduates will have the necessary knowledge and practical skills required to:

  • Operate effectively in the workplace using a number of Windows-based end-user applications
  • Apply accounting functions and general business principles to real life situations and interpret economic realities of local and global communities. 
  • Develop knowledge and an understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of accounting techniques. 
  • Demonstrate knowledge of the general legal framework, and of specific legal areas relating to business including the South African tax system as applicable to companies. 
  • Manage computerised accounting and technology resources in organisations. 
  • Identify the socio-economic needs of society and display cultural sensitivity within organisations. 
National Senior Certificate (NSC), with English passed with endorsement for admission to Diploma study; or National Certificate (Vocational) (NC(V)), with English passed with endorsement for admission to Diploma study; or prior to 2009, Senior Certificate with English as one of the modules passed.

A number of post school qualifications may be used for admission and/or advanced placement into the diploma programme with due regard for the 50% credit transfer rule and guidelines of progression and articulation. For example, a Higher Certificate, NQF (HEQSF)Level 5, minimum Credits 120; or a Certificate, NQF (OQSF) Level 5, minimum Credits 120.


On successful completion the Learner will be issued a Diploma in Financial Accounting SAQA ID 93597, NQF L6, minimum 374 credits from Boston City Campus& Business College.

This qualification is recognised by the Financial Sector Conduct Authority (FSCA), formerly the Financial Services Board (FSB), as Generic under all Categories and Sub-Categories for occupational/professional purposes. The FSCA is the market conduct regulator of financial institutions that provide financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures.

All modules are compulsory and must be passed.